Parallel Street Retail Services Private Limited
About Parallel Street Retail Services Private Limited
Data last updated:
Parallel Street Retail Services Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 17 January 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U52599KA2014PTC073075.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mayank Bidawatka and Ankita Gandhi.
Its last annual general meeting (AGM) was held on 23 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No. 25 3rd Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
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- Registered AddressNo. 25 3rd Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryE-Commerce, Online Store, Retailers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Parallel Street Retail Services Private Limited FY 2016 filings available
Financial Statement Summary of Parallel Street Retail Services Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Parallel Street Retail Services Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parallel Street Retail Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Parallel Street Retail Services Private Limited
Parallel Street Retail Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Bidawatka Also directs: Billion Hearts Software Technologies Private Limited | Director | 17 Jan 2014 | 12 Years 9 Months | As last reported |
| Ankita Gandhi Also directs: Billion Hearts Software Technologies Private Limited | Director | 17 Jan 2014 | 12 Years 9 Months | As last reported |
Auditor Details of Parallel Street Retail Services Private Limited
Parallel Street Retail Services Private Limited is audited by R C SHARMA AND CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R C SHARMA AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Parallel Street Retail Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parallel Street Retail Services Private Limited
Parallel Street Retail Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Street Retail Services Private Limited
Employment history and EPFO contributions of people linked to Parallel Street Retail Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Parallel Street Retail Services Private Limited
Parallel Street Retail Services Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Ankita Gandhi was appointed as Director on 17 Jan 2014.
Credit Ratings, Litigation & Regulatory Alerts for Parallel Street Retail Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parallel Street Retail Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parallel Street Retail Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parallel Street Retail Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parallel Street Retail Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parallel Street Retail Services Private Limited
Parallel Street Retail Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Parallel Street Retail Services was a private limited company based in Bangalore, Karnataka, India. The company worked in online store, within the e-commerce industry. It was incorporated on 17 January 2014 and is registered under CIN U52599KA2014PTC073075. The company has been struck off by the Registrar of Companies and is no longer operational.
Parallel Street Retail Services had 2 directors:
- Mayank Bidawatka - Director
- Ankita Gandhi - Director
The CIN (Corporate Identification Number) of Parallel Street Retail Services is U52599KA2014PTC073075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Parallel Street Retail Services is at No. 25 3rd Main 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
Parallel Street Retail Services was incorporated on 17 January 2014. It is registered with the Registrar of Companies, Bangalore.
Parallel Street Retail Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Parallel Street Retail Services operated in the e-commerce industry, in the online store segment. It worked in this industry before it was struck off.
No. Parallel Street Retail Services is not listed on any stock exchange. It is an unlisted company.
Ankita Gandhi was appointed as Director on 17 Jan 2014. Mayank Bidawatka was appointed as Director on 17 Jan 2014.